Author: HeraldStar

Shakhtar Donetsk secured a vital 2-1 victory over Swiss side Young Boys in their Champions League group match on Wednesday, with a quick-fire double that turned the game around. Young Boys took the lead in the 27th minute when Kastriot Imeri found the back of the net from close range, but Shakhtar Donetsk responded swiftly. Just four minutes later, Oleksandr Zubkov leveled the score, tapping in to make it 1-1. The hosts, playing in Gelsenkirchen, Germany, continued to build momentum, and Georgiy Sudakov delivered the crucial blow just before the break, putting Shakhtar ahead 2-1 in the 41st minute. Despite…

A recent scientific study revealed that human-driven climate change played a crucial role in supercharging Hurricane Helene, which devastated parts of the U.S. in September. The analysis found that the exceptionally warm waters Helene traversed before making landfall were up to 500 times more likely due to climate change, significantly amplifying the storm’s strength and rainfall. Helene’s winds and rains were 11% and 10% more intense, respectively, with the storm causing catastrophic flooding across six states and claiming over 230 lives. Researchers from the World Weather Attribution network discovered that the warm waters fueling the storm were approximately 3.6 degrees…

U.S. stocks surged to unprecedented heights on Wednesday following Donald Trump’s dramatic comeback in the 2024 presidential election. After four years out of the White House, Trump’s victory sparked optimism in financial markets, with the Dow Industrials, S&P 500, and Nasdaq Composite all reaching record levels. Investors are expecting the return of lower taxes, deregulation, and policies aimed at boosting business growth. The rally, often referred to as “Trump trades,” led to significant gains across major sectors, notably financial stocks, with the S&P 500 bank index rising nearly 10%. The market’s optimism was evident as the Dow jumped 1,450 points…

Billionaire Elon Musk is set to benefit significantly from his close ties with U.S. President-elect Donald Trump, following Musk’s strong support during the 2024 campaign. Tesla shares surged by 14% after Trump’s victory over Vice President Kamala Harris, with Musk donating millions to the campaign and gaining influence as a potential head of a government efficiency commission designed to cut federal spending. Musk’s influence will be bolstered by his already significant role in U.S. defense through Starlink, as well as his leadership at Tesla. While Musk benefited from policies Trump disliked, such as solar and electric vehicle incentives, the shift…

Oil prices ended lower on Wednesday as the market balanced the impact of a stronger U.S. dollar and the potential for U.S. President-elect Donald Trump’s foreign policy to disrupt global oil supply. Brent crude futures dropped by 61 cents, or 0.81%, settling at $74.92 per barrel. U.S. West Texas Intermediate (WTI) crude saw a smaller dip, falling 30 cents or 0.42%, to $71.69. The initial sell-off following Trump’s election caused oil prices to fall by over $2 per barrel early in the day, as the dollar surged to its highest level since September 2022. A stronger dollar typically makes oil,…

As Donald Trump gears up to return to the White House, attention is turning to what his energy policies will mean for the future of the U.S. energy landscape. Trump’s presidency was marked by a strong focus on boosting fossil fuel production, and his second term is expected to shift the nation’s energy policy back toward oil and gas, placing less emphasis on tackling climate change. However, despite concerns about potential rollbacks, experts argue that the rapid growth of renewable energy in the U.S. is unlikely to be significantly impacted, at least in the short term. In the aftermath of…

European leaders are urging greater unity and close coordination in light of Donald Trump’s election victory, with France and Germany emphasizing the challenges his “America First” policies may bring. French President Emmanuel Macron and German Chancellor Olaf Scholz, while offering congratulations, highlighted concerns over the potential economic impact, including the threat of trade wars, tariffs, and a possible shift in U.S. foreign policy, particularly regarding Ukraine. Both leaders stressed the importance of a strong, united EU to navigate the new global landscape, but noted that achieving consensus could prove difficult due to internal divisions within the bloc. Despite concerns, including…

India’s Foreign Minister, Subrahmanyam Jaishankar, recently commented on the evolving U.S. foreign policy approach, stating that the results of the ongoing U.S. presidential election are unlikely to alter America’s growing caution regarding international commitments. Speaking at an event in Canberra, Australia, while Americans were still casting their votes, Jaishankar discussed the long-term trend he has observed in U.S. foreign policy since the Obama administration. He pointed to the reluctance of the U.S. to deploy troops abroad and highlighted the significant U.S. withdrawal from Afghanistan under President Joe Biden, signaling a shift away from previous practices of robust global engagement. Jaishankar…

Ireland will hold a general election on November 29, as Prime Minister Simon Harris moves forward with plans to capitalize on a popular budget and the diminishing support for opposition party Sinn Féin. Harris, who had until March to call the election, has chosen to dissolve parliament earlier, after presenting a robust 10.5 billion euro budget in October, featuring tax cuts and increased spending aimed at bolstering the economy. The announcement coincides with Europe’s healthy public finances and Ireland’s vulnerability to external economic pressures, especially with U.S. President-elect Donald Trump’s plans to reduce corporate taxes and impose tariffs, which threaten…

Taiwan is preparing to navigate its relationship with China carefully during the upcoming U.S. presidential transition, with a senior security official expressing confidence that the United States will maintain its friendly stance towards Taiwan regardless of the outcome. National Security Bureau Director-General Tsai Ming-yen stated on Wednesday that Taiwan would work proactively to prevent any disruptions or “trouble” from China during this sensitive period. Tsai’s remarks come amidst growing concerns over Taiwan’s security, particularly given the sustained military pressure Taiwan has faced from China over the past five years, including frequent war games near its borders. As the U.S. presidential…